Tag Archives: Industry info

IIAC Establishes Operations and Technology Committees (IIAC Blog)

IIAC Establishes Operations and Technology Committees (IIAC Blog)

The 2015 IIAC Survey of Investment Industry CEOs indicated that the biggest negative factor affecting the performance of our investment dealer Member firms has been the relentless rise in operating costs in recent years. The high cost of technology, to meet regulatory compliance and improve operating efficiencies, has been a major factor. Ninety per cent of firms surveyed said they expect to spend more or about the same on technology in 2016 than they did in 2015.

The IIAC is establishing two Operations and Technology Committees—the Equity Infrastructure Committee and the Market Data Committee—and related working groups to assist … Continue reading

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IIAC 2015 Survey of Canada’s Investment Dealer CEOs (IIAC Blog)

IIAC 2015 Survey of Canada’s Investment Dealer CEOs (IIAC Blog)

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Infographic: Canada’s Securities Industry At-a-Glance (IIAC Blog)

Infographic: Canada’s Securities Industry At-a-Glance (IIAC Blog)

The Investment Industry Association of Canada has developed an “infographic” that describes the salient features of our industry—from the number of employees, to the dimension of the capital markets business, to taxes paid and charitable donations. It is designed to convey the important contribution the investment industry makes to capital markets, the economy and communities across Canada. The information has been drawn from a variety of sources, including Statistics Canada, Investor Economics, IIROC and a confidential survey of our members.

You may find the infographic useful and compelling in summarizing the characteristics of our industry to … Continue reading

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It’s True: More Canadians are Cashing in their RRSPs Early

It’s True: More Canadians are Cashing in their RRSPs Early

Using data from Statistics Canada, Global News did some digging in order to answer the question:  Are more Canadians cashing out their RRSPs early?  The answer is a decided yes.

According to the article on GlobalNews.ca:

The biggest increase was from 2007 to 2009, when 1.86 million Canadians took out RRSP cash early. That figure dipped slightly by 2012, to 1.82 across Canada, but remains about 7 per cent above 2007 levels nationally, 12 per cent above 2007 levels in Quebec and almost 10 per cent above in comparatively wealthy Alberta.

These infographics tell the story.  Although it isn’t … Continue reading

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The Activist Investor Scorecard

The Activist Investor Scorecard

With thanks to The New York Times, here’s an activist investor scorecard for some of the most well-known in the industry (at least in the U.S.).

According to the scorecard’s creators, William Alden, Michael J. de la Merced and Jennifer Daniel:

The activist investors of Wall Street — who often buy stakes in companies and lobby for change — are an increasingly powerful force. Sometimes these investors achieve nearly all their goals, like shaking up a board, and sometimes they earn huge profits. Other times, they achieve their goals and still suffer losses — or they fall short of their … Continue reading

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Market Returns by Nation

Market Returns by Nation

Novel Investor has developed this impressive infographic which provides an at-a-glance look at changes in market trends across the top 12 international stock markets in the MSCI EAFE over the past 15 years.  (The U.S. is conspicuously absent presumably because it was developed for an American audience.) As of December 31, 2014, with an average annual return of 7.75%, Canada sits in second place behind Australia at 10.04%.

The “best” vs. “worst” returns underscore what a wild ride it’s been.

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This Week in Financial History

This Week in Financial History

For the week of January 19th

January 19, 1982

Statistics Canada announces 1981 inflation rate of 12.5%; a 33-year high.

January 20, 1870

Woodhull, Claflin, & Co. run by Victoria Woodhull and Tennessee Claflin becomes the first brokerage firm run exclusively by women.

January 22, 1968

In an emergency move, the New York Stock Exchange closes 90 minutes early, at 2 p.m. The early close, reports The Wall Street Journal, is meant to help inundated trading clerks catch up on a “deluge of paper work that has resulted from a recent sustained period of unusually heavy trading.” The … Continue reading

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Industry Rankings According to the Guru Strategy

Industry Rankings According to the Guru Strategy

Using John P. Reese’s Guru Strategy, Validea.com has ranked the U.S. industries with the largest number of stocks.  The guru strategy is based on “investing models that rank dozens of industries using a wide range of financial and fundamental data. The rankings include a value index, a growth index, and an overall index that takes both growth and value factors into account”.  They are:

 

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Best Predictions of the Past 25 Years

Best Predictions of the Past 25 Years

How many of these would you have selected?  CNBC’s Jeff Cox put together this list of the greatest forecasts of the past 25 years.  As he says:

“…the financial markets are littered with forecasters, most with either an outwardly bullish (optimistic) or bearish (pessimistic) bias. Most of them missed the financial crisis when it hit by being too bullish, and some have been too bearish since, worrying that another systemic collapse is around the corner when in fact equity markets, at least, continue to zoom to new highs.”

In Cox’s view, here are the best of the best:

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IIAC Top Under 40 Award: Nominations Now Being Accepted

IIAC Top Under 40 Award: Nominations Now Being Accepted

Established in 2013 by the Smarten Up Institute, in collaboration with the Investment Industry Association of Canada, the IIAC Top Under 40 Award is designed to celebrate an individual whose drive, dedication, and personal and professional qualities render him or her capable of having a positive influence on the investment industry early in his/her professional life.

One recipient will be awarded the opportunity to work alongside one of the top industry leaders for a one week period in association with the Smarten Up Institute’s Mentor Program®.  A real benefit is the rare opportunity for a young ‘up and comer’ … Continue reading

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